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Office | Berlin Hyp

Office: a sound asset class

Demand for office real estate continues to increase. The positive economic framework conditions, exceptionally good employment figures and a sound general prevailing mood make themselves felt on the office market and are increasing turnover.
The decline in vacant space also reflects the strong demand for office real estate. This trend is set to continue and the rents will probably continue to rise further in most cities.
Excess demand – particularly in the core segment – will be difficult to satisfy in future. Well-equipped office properties in inner-city locations are rare. Hopes rest on innovative projects here. The newest building area form of a mixed-use area could provide a good impulse because it enables the harmonious co-existence of residential and commercial use. Changes of use for desolate settlement zones or commercial and industrial parks could create an urban mixture from which the office market will also benefit.

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